XRP Predicted To Surge Over $200 During Its Next Bull Run
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- An analyst predicted that XRP could hit $220 during its next bull run.
- At press time, XRP was worth $0.5505 after its price slightly declined by 0.01% in the past 24 hours.
- XRP’s daily RSI line was closing in on the daily RSI SMA line, suggesting that sellers are starting to take control.
The cryptocurrency analyst, CryptoBull on X predicted yesterday that Ripple’s (XRP) price could surge to over $200 during the next bull cycle. The analyst based his prediction on the “Bottom-Retrace-Top Theory” together with XRP’s historical data and its performance during the previous bull run.
During its first major bull run, XRP experienced a drastic price increase, rising from $0.003 to $3.84. Notably, CryptoBull pointed out that the top and the bottom on XRP’s monthly chart line up with its retracement.
If history were to repeat itself, following a similar pattern in the next bull …
The post XRP Predicted To Surge Over $200 During Its Next Bull Run appeared first on Coin Edition.
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